I am Alberto Pacheco, a Realtor Associate with Keller Williams Realty my office is located at 19300 Rinaldi St Suite L Porter Ranch,CA 91326. (818)481 9211.I consider myself a consultant. I assist home owners with their home sale as well as home buyers with their purchase. I specialize on Probate Home listings , Short Sales and Standard sales.

Thursday, June 16, 2016

We are often asked by our clients, Ho much under the listing price should we offer? This is an excellent question. The answer is difficult; there are four basic ways that sellers price their homes.

1.-Ridicolously Overpriced

These sellers have listened to a real estate consultant over inflate the value of their home in an effort to obtain the listing. There's a natural tendency on the part of sellers to list with the real estate consultant who give them the highest promise. Some real estate agents give the seller a high "value" in an effort to obtain the listing.

These homes can be 10 t0 20% overpriced. These sellers may need a "dose of reality" for a few months before they begin to realize that their home is way overpriced as compared to others in the area. The longer an overpriced home is for sale, the more likely we can get the seller to face reality and sell at a fair price

2. - A Little Overpriced...

Perhaps 75% of all homes for sale are priced in this range. These sellers fall into two categories:

Those who feel their home is worth every penny of their asking price; those who want to leave a little "negotiating" room. These homes can be four to 10% overpriced.

3. - Priced At Fair Market Value...

These sellers have carefully and realistically studied other homes for sale. They've priced their homes very competitively. These homes usually sell within four weeks at or very near listed priced. In an active market, timing is everything.

In the good old days, you might have the luxury of viewing a home several times - even dragging your relatives to see it before you actually made an offer. He/she who hesitates is lost aptly explains buyers who dally when making a buying decision today.

4. - Priced Below Fair Market Value...

These homes are price below value. Perhaps the seller wants a fast sale. Perhaps the real estate consultant recommended too low a price. These homes usually sell within seven to 10 days, at or above the listed price. There usually are competing offer in this situation, and you may need to make your first offer your best offer.

Tuesday, May 31, 2016

One rainy night many years ago, an elderly gentleman and his wife entered the lobby of a small hotel in Philadelphia. The man asked the clerk if he had any rooms.

The clerk was a friendly man who prided himself on superior customer service. He said that unfortunately the hotel was completely booked. “However,” he said, “rather than send you out in the rain at one o'clock in the morning, I would be happy to offer you my room. It’s not a suite, but it will be comfortable for the night.”

The elderly man tried to object, but the clerk insisted. The next morning, as he paid his bill, the elderly gentleman said to the clerk: “You are the kind of manager who should be the boss of the best hotel in the United States.”

Two years passed. One day the clerk received a letter from the elderly guest, inviting him to New York for a visit with a round-trip airline ticket. When the clerk arrived in New York, the man met him and led him to the corner of Fifth Avenue and 34th Street. He pointed to a brand-new building. “There is the hotel I have built for you to manage,” said the elderly man.

“You must be joking,” said the astonished clerk.

“I can assure you that I am not,” said the old man, a smile on his lips.

The elderly gentleman was William Waldorf Astor, and the palace that he had built for the young clerk was the original Waldorf-Astoria Hotel..

This goes to show that you never know when kindness will come full circle.

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About Me

I am a Licensed Realtor in California since 1993, experienced the previous foreclosure market from 1993-1995 and again since 2007 up to today. I am still working full time and active in Real Estate who specialize in Probate